Colorado hospitals will have the chance to test bundled payments for hospitals and doctor services through a Medicare demonstration program being tested by the Centers for Medicare & Medicaid Services. The goal of Acute Care Episode testing is to determine whether combining the payments leads to better quality and greater efficiency using a global-payments system to align incentives for providers.
Problem: Academic research and the popular press emphasize the importance of social responsibility in running a business, especially given the consumer and employment preferences of Millennials. How important are these factors to local stakeholders? Creating social value and protecting our natural resources have been touted as important components of a firm’s strategy. One reason is […]
There is much speculation amongst both the general public and economists on the timing of the next economic downturn. The running joke in my field is that economists are about as good as weathermen in terms of accurate predictions. Fair enough, but in our defense, there are so many variables at play that prognostication is […]
Shop.org’s CyberMonday.com Web site raised more than $300,000 for the Ray M. Greenly Scholarship Fund. The scholarship fund was established furing January 2006 to provide financial support to students pursuing careers in e-commerce and commemorates the life of Ray Greenly, an online retail industry veteran who died during 2005.
“We’re seeing the first signs of spring in the thaw of credit since the crisis began in August,” said Scott Anderson, senior economist for Wells Fargo Economics. “The April economic data showed a fair amount of economic stabilization, suggesting the slump hasn’t gained much momentum.”
The move toward online health records has taken a big step forward. Microsoft and Kaiser Permanente plan to test a program that will provide information transfers from Kaiser’s health manager to Microsoft’s consumer health platform. The pilot program is expected to create strategies for expanding consumer access to online health information and management tools.
The Governor’s Commission on Health Care Reform performed its final task yesterday — presenting the findings it gathered during 2007 to the General Assembly. Health care analysts say the legislature will consider a range of bills, but Gov. Bill Ritter has said that no comprehensive reform — which would likely require approval from voters — will occur during 2008. So, the state will move slowly on health care reform based on the proposals outlined by the commission.
This is the first year in which businesses will report under the Tax Cuts and Jobs Act passed in December 2017. Many of the new deductions and changes will benefit large and small businesses. “A lot of the provisions are very pro-taxpayer,” said Greg Gandy, senior tax director at Colorado Springs CPA firm BiggsKofford. “Overall, […]
Software piracy affects the Colorado economy, eliminates local jobs and damages local industries. During 2003, piracy cost the Colorado economy more than 2,100 jobs, more than $122 million in wages and salaries, more than $178 million in retail sales of business software applications and about $29 million in taxes. During 2006, the U.S. software industry lost $7.3 billion as a result of software piracy, an increase of $400 million compared to the previous year.
“Don’t pull the covers over your head,” Kurt Kofford told business owners during a Recession Readiness Assessment seminar at BiggsKofford PC. Being realistic about what’s happening in the current marketplace is an important element of business preparedness. “For some business owners, it will be a matter of surviving,” Kofford said. “But for others it will be about thriving.”
At 7 a.m. on a bright, sunshiny Monday, more than 100 civic leaders boarded Gray Line buses and headed for the summit of Pikes Peak to witness the ceremonial groundbreaking for the new Pikes Peak Summit Complex. It was a slow trip, as the buses labored up almost 8,000 feet of altitude gain, carefully negotiating […]
Entrepreneurs have the courage and ability to seek out, identify and capitalize on opportunities. At the same time, of course, entrepreneurship is not easy. It comes with assorted challenges, like staying focused on the customer, finding the right employees, keeping costs under control, innovating, gaining access to necessary credit and capital, and dealing with government. […]